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Innergex Renewable Energy Inc T.INE

Alternate Symbol(s):  T.INE.DB.B | T.INE.DB.C | T.INE.P.A | T.INE.P.C | INGXF

Innergex Renewable Energy Inc. is a Canada-based independent renewable power producer. The Company develops, acquires, owns and operates renewable power-generating facilities with a focus on hydroelectric, wind and solar production as well as energy storage technologies. The Company produces and sells electricity generated by its hydroelectric, wind and solar facilities to publicly owned utilities or other creditworthy counterparties. It operates in three segments: hydroelectric power generation, wind power generation, and solar power generation. It manages a portfolio of assets consisting of interests in 85 operating facilities with a net installed capacity of approximately 3,676 MW (gross 4,226 MW), including 40 hydroelectric facilities, 35 wind farms, nine solar farms, and one battery energy storage facility. It also holds interests in approximately 13 projects under development and several prospective projects at different stages of development.


TSX:INE - Post by User

Post by RDK241ton Nov 08, 2023 6:15pm
320 Views
Post# 35724808

New Press Release - INNERGEX Q3 2023 results

New Press Release - INNERGEX Q3 2023 results

I've been with Innergex since they took over Alterra Power and I must say this stock has been a big disappointment with regards to shareholder return. Although the dividend is nice I would gladly give it up for a more positive swing in the share price. What's their problem, why is the stock doing so poorly? I think this company would be better off if it were taken over by a bigger fish, someone who knows how to grow the company and deliver shareholder value. I find their quarterly reports full of excuses as to why things aren't great. They focus on growing/getting bigger rather than doing better with what they currently have. I'm in too deep to sell but I'm getting tired of the poor maneagement. 

 

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